传真封面--经纪商申请书及证明文件.pdfVIP

RISK DISCLOSURE STATEMENT This Agreement is a Legal Contract, Please read it Carefully. This is a legal contract between Golden Bullion Limited, (hereinafter referred to as GBNZ) a limited liability corporation organized under the laws of the New Zealand, its successors and assigns, and the party (or parties) executing this document. In connection with opening an account to speculate and/or purchase and/or sell cash or spot foreign currency (hereinafter referred to as “GOLD”) through the OTC foreign exchange markets (hereinafter referred to as “OTC”, in addition to those contained in the Risk Disclosure Statement which has been provided to Customer. 1. There are no guarantees to the credit worthiness of the counter party of your Currency Gold position. Every attempt has been made to deal with reputable credit worthy banks/clearing houses. Also, there may be certain cases in which trading liquidity decreases causing trading in a certain Currency to cease, thereby preventing the liquidation of an adverse position that may result in a substantial financial loss. 2. Trading in OTC is suitable only for those sophisticated institutions or sophisticated participants financially able to withstand losses that may substantially exceed the value of margins or deposits OTC accounts are not available through GBNZ to non-sophisticated participants. 3. Customer acknowledges that the purchase or sale of a Currency Gold always anticipates the accepting or making of delivery. 4. GBNZ margin policies and/or the policies of those banks/clearing houses through which trades are executed may require that additional funds be provided to properly margin Customer’s account and the Customer is obligated to immediately meet